A new mixed-use development is coming to College Hill at the corner of Hamilton Avenue and North Bend Road, according to the nonprofit community group behind redevelopment in the area.

College Hill Station, which will cost just under $25 million to build, will feature 141 market-rate rental units and 11,500 square feet of street-level retail space, according to the College Hill Community Urban Redevelopment Corporation (CHCURC).

CHCURC is also working with the developer to bring new custom homes to the development site on 7.5 acres of mostly vacant land owned by the City of Cincinnati.

Pennrose, a Philadelphia-based developer, was recently named the preferred developer for the project after a months-long search.

“When we gauge redevelopment opportunity, we look for not only a great location but the critical ingredient of a self-determinate community with strong organized leadership,” said Lasserre Bradley, regional vice president for Pennrose. “College Hill demonstrates all of these qualities and we are thrilled to be working with CHCURC and the City of Cincinnati on this long-awaited phase of College Hill’s on-going neighborhood revitalization.''

CHCURC has been buying and identifying properties for redevelopment in the area since Kroger and Shullar's Wigwam abandoned the College Hill business district in 2002.

CHCURC is slowly but surely bringing the business district back to life, repurposing old buildings as retail and residential mixed-use properties, surrounded by bars, restaurants and a brewery.

Brink Brewing Co. opened early last year at 5905 Hamilton Ave., and quickly became a popular hangout.

Brink is soon to be joined by Kiki Japanese bar and restaurant in the former National City Building on Hamilton Avenue and Tortilleria Garcia Mexican restaurant, according to Mike Cappel, president of CHCURC's board.

College Hill Station is yet another milestone for CHCURC’s growing redevelopment efforts.

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"With Pennrose’s College Hill Station development, we believe we will be able to anchor the northern end of our business district with a mixed-use development that will bring needed density, market-rate apartments and retail to College Hill,'' Cappel said.